Nine firms record N1.28tn finance costs

Nine listed Nigerian companies on the Nigeria Exchange recorded a surge in finance costs, rising by 69 per cent from N757.65bn in 2023 to N1.28tn in 2024, as high interest rates and mounting debts strain corporate finances, The PUNCH reports. An analysis of financial statements from Nigerian Breweries, MTN Nigeria, Lafarge Africa, Nestlé Nigeria, Champion

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